Tembo Global Industries : Reply to Clarification Sought- Financial Results

To,	Date:- 12th Nov, 2022
The Manager,
National Stock Exchange of India Ltd.
Exchange Plaza, C-1, Block G,
Bandra Kurla Complex,
Bandra (E)
Mumbai - 400 051

Sub: Quarterly submission of result for Quarter ended June 30, 2022

Kind Attention: Listing compliance department

Dear Sir/Madam,

Ref: CLARIFICATION 07/09-/2022

This is with respect to Outcome of Board Meeting - Financial Results submitted to the Exchange for Quarter ended June-2022.

Following deficiency/ non submission have/has been observed in your result, you are requested to kindly clarify on below mentioned points.

Machine Readable Form / Legible copy of Financial Results not submitted

Reply:- Kindly find the attached

Thank you

For Tembo Global Industries Limited

Sanjay Patel

Managing Director

TEMBO GLOBAL INDUSTRIES LIMITED

(Formerly known as - Saketh Exim Limited)

Registered Office: Plot No, PAP-D-146-147,Turbhe MIDC,TTC Industrial Area Opp.Balmer Lawrie Van Leer Co,Turbhe Navi Mumbai - 400 705

Tel: [phone] Website: www.sakethexim.com

CIN : L29253MH2010PLC204331

Statement of Unaudited Financial Results for the Quarter Ended June 30, 2022

(Rs. In Lakhs Except EPS)

Sr		Standalone			Consolidated
No		Quarter Ended		Year Ended	Quarter Ended	Year Ended
Particulars	30-06-2022	31-03-2022	30-06-2021	31-03-2022	30-06-2022	31-03-202230-06-2021	31-03-2022
	(Unaudited)	(Audited)	(Unaudited)	(Audited)	(Unaudited)	(Audited) (Unaudited)	(Audited)

• Income From Operations

	(a) Revenue from Operations	5,335.75	5,478.37	3,904.20	17,325.99	5,335.75	5,414.66	4,116.00	17,592.75
	(b) Other Income	118.36	208.73	29.46	218.81	117.35	190.13	30.76	197.86
	Total Income from Operations	5,454.11	5,687.11	3,933.66	17,544.80	5,453.10	5,604.79	4,146.76	17,790.61
2	Expenditure
	(a) Cost of Material Consumed	1,700.62	890.52	1,333.51	5,460.57	1,700.62	855.51	1,404.00	5,540.56
	(b) Cost of Traded goods	3,305.48	3,249.74	1,569.29	8,676.62	3,305.48	3,249.74	1,658.71	8,848.20
	(c) Changes In Inventories of Finished Goods, Work-in-Progess and Stock-in-trade	(520.54)	340.79	60.62	(615.81)	(520.54)	340.79	60.62	(615.81)
	(d) Employee Benefits expenses	107.65	119.96	103.27	483.71	107.65	122.50	109.98	493.40
	(e) Finance Costs	76.51	23.63	109.50	353.00	76.51	19.86	113.08	356.22
	(f) Depreciation and amotisation Expenses	60.08	84.74	37.10	223.78	60.08	77.17	45.95	232.72
	(h) Other expenditures	687.87	555.78	634.43	2,504.24	687.87	534.44	675.72	2,505.81
	Total Expenses	5,417.68	5,265.14	3,847.72	17,086.12	5,417.68	5,200.00	4,068.06	17,361.10
3	Profit / Loss from Operations before Tax (1-2)	36.43	421.96	85.94	458.68	35.42	404.79	78.70	429.50
4	Tax Expense:
	Current Tax	(2.91)	(111.00)	(21.63)	(120.00)	(8.91)	(111.00)	(19.81)	(120.00)
	Earlier Year Tax	-	-	-	-		-	-	-
	Deferred Tax	50.85	7.57	(9.34)	5.84	50.85	6.80	(8.59)	5.84
5	Profit/ (Loss) for the period from continuing operations	84.36	318.53	54.97	344.52	77.36	300.59	50.30	315.34

• Other Comprehensive Income

	Item that will not be reclassified to Profit or Loss	0.16	0.65	-	0.65	-	0.65	-	0.65
	Income Tax relating to items that will not be reclassified to Profit or Loss	(0.04)	(0.16)	-	(0.16)	-	(0.16)	-	(0.16)
7	Total Comprehensive Income for the period	84.49	319.02	54.97	345.01	77.36	301.08	50.30	315.83
8	Paid-up equity share capital (Face value Rs. 10/- per share)	1,004.60	1,004.60	1,004.60	1,004.60	1,004.60	1,004.60	1,004.60	1,004.60

• Earnings Per Share (In Rupees) (of Rs 10/- each) (Not annualized)

(a) Basic	0.84	3.17	0.55	3.43	0.77	2.99	0.50	3.14
(b) Diluted	0.84	3.17	0.55	3.43	0.77	2.99	0.50	3.14

1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their meeting held on 10th August 2022.
2. The financial result of the Company have been prepared in accordance with India Accounting Standards (Ind AS) as notified by the Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act 2013 read with the Rule 3 of the Companies (Indian Accounting Standards) Rule, 2015 as Amended and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 and SEBI Circular dated July 05, 2016.
3. The company is in the process of fund raising by way of Rights Issue from the market to facilitate Working Capital & Capital Expenditure requirements of the company in terms of the resolution passed by the Board of Directors at their meeting held on 10th May, 2022
4. The profits for the quarter under review was impacted due to overall increase in cost of raw material and other expenses. Reversal of gains of Derivative Forward Foreign Currency Contracts has also impacted the Deferred Taxes.
5. The Company has ceased to be the Holding Company of Saketh Seven Star Industries Private Limited w.e.f. 18th August 2021.
6. The Company operates in two business segment viz, Manufacturing of Engineering Products and Trading of Fabric and Textile Products as per Ind AS 108.
7. The figures for the quarter ended 31st March 2022 are the balancing figures between year ended 31st March 2022 and unaudited results published for the nine months ended 31st December 2021.
8. Figures of the pervious periods have been regrouped, whenever necessary, to correspond with the current period.

For Tembo Global Industries Limited

Mr. Sanjay Patel

[Managing Director]

DIN: 01958033

Place: Navi Mumbai

Date: 10-08-2022

TEMBO GLOBAL INDUSTRIES LIMITED (Formerly known as - Saketh Exim Limited)

Registered Office: Plot No, PAP-D-146-147,Turbhe MIDC,TTC Industrial Area Opp.Balmer Lawrie Van Leer Co,Turbhe Navi Mumbai - 400 705

Tel: [phone] Website: www.sakethexim.com

CIN : L29253MH2010PLC204331

Unaudited Segment Wise Revenue, Results and Capital Employed for the Quarter Ended June 30, 2022
								(Rs. In Lakhs)
		STANDALONE			CONSOLIDATED
Segment Results		Quarter Ended		Year Ended		Quarter Ended		Year Ended
	30-06-202231-03-202230-06-202131-03-2022	30-06-202231-03-202230-06-202131-03-2022
	(Unaudited)	(Audited)	(Unaudited)	(Audited)	(Unaudited)	(Audited)	(Unaudited)	(Audited)
Segment Revenue
a) Manufacturing of Engineering Products	2,066.68	2,014.74	2,245.41	8,280.48	2,065.67	1,759.99	2,368.64	8,353.86
b) Trading of Fabrics of and Textile Materials	3,387.43	3,672.37	1,688.25	9,264.31	3,387.43	3,844.80	1,778.11	9,436.75
Net Sales/Income from Operations	5,454.11	5,687.11	3,933.66	17,544.80	5,453.10	5,604.79	4,146.75	17,790.61
Segment Results
a) Manufacturing of Engineering Products	54.46	2.41	201.04	328.04	53.46	(19.39)	196.93	301.23
b) Trading of Fabrics of and Textile Materials	58.47	443.18	(5.60)	483.64	58.47	444.04	(5.15)	484.50
Total	112.94	445.59	195.44	811.68	111.93	424.65	191.78	785.73
Less : Finance Cost	(76.51)	(23.63)	(109.50)	(353.00)	(76.51)	(19.86)	(113.08)	(356.22)
Profit/(loss) after finance cost but before
exceptional items	36.43	421.96	85.94	458.68	35.42	404.79	78.70	429.50
Exceptional Items (Net)	-	-	-	-	-	-	-
Total Profit/(Loss) before tax	36.43	421.96	85.94	458.68	35.42	404.79	78.70	429.50
Capital Employed
Segment Assets
a) Manufacturing of Engineering Product	7,072.56	7,053.85	3,486.39	7,053.85	8,572.58	7,159.22	7,290.61	7,159.22
b) Trading of Fabrics of and Textile Materials	1,395.64	1,945.86	1,569.13	1,945.86	1,395.64	1,945.86	2,089.05	1,945.86
Segment Liabilities
a) Manufacturing of Engineering Products	5,845.36	5,600.79	2,485.69	5,600.79	6,001.28	5,752.36	5,914.33	5,752.36
b) Trading of Fabrics of and Textile Materials	-	848.82	560.72	848.82	-	848.82	906.95	848.82
Capital Employed
(Segment Assets - Segment Liabilities)
a) Manufacturing of Engineering Products	1,227.20	1,453.05	1,000.70	1,453.05	2,571.29	1,406.86	1,376.28	1,406.86
b) Trading of Fabrics of and Textile Materials	1,395.64	1,097.04	1,008.41	1,097.04	1,395.64	1,097.04	1,182.10	1,097.04
Total	2,622.84	2,550.09	2,009.11	2,550.09	3,966.93	2,503.90	2,558.38	2,503.90

For Tembo Global Industries Limited

Mr. Sanjay Patel

[Managing Director]

DIN: 01958033

Place: Navi Mumbai

Date: 10-08-2022